|Editor Lawrence with former Director G.E at another large conference in Nusa Dua|
Just a few hours ago the largest conference to ever take place this century in Bali has just begun with the beginning of the International Monetary Fund known as the IMF conference.
The latest estimates are over 36,000 attendees, delegates including 20 or more country leaders will attend this conference.
The benefit to Bali is overwhelming. You can expect to see almost every half hour on world news including CNN, Bloomberg, Euronews and most local Asian new stations news and photos of the conference including events and attractions that they go to.
As I always have said for the last 22 years Bali's real estate demand is directly proportional to Bali's tourist demand so this 36000 More People in Bali this week as 36,000 more potential buyers of real estate if only 1% of them decides to get involved in buying a home for investment or fruit to retirement that's 360 new buyers.
We wish The I.M.F. confrenece much success and hope that the gods keep a cool head plus mother Earth decides to give us a break and not set off any volcanoes and earthquakes or Tsunami's during this time.
Ilyas Istianur Praditya
08 Oct 2018, 06:00 WIB
IMF-World Bank Group 2018 meeting in Bali. Dok: Ilyas Istianur Praditya / Liputan6.com
Liputan6.com, Jakarta - Nusa Dua, Bali, began participating in participating IMF-World Bank Annual Meeting participants. Understandably, from this day on, some acquaintances start as a series of this annual meeting.
Head of Task Force Bank Indonesia for IMF-World Bank Annual Meetings 2018 in Bali Peter Jacobs said a number of central bank governors and state finance ministers said they would be present. As from the Fed Governor Jerome Powell to Governor of Central Bank of Trinidad and Tobago.
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'Some meetings have been on Oct. 8 and have grown to a lot, but the IMF meeting was held on October 11, 2018,' said Peter at the Bali Nusa Dua Convention Center (BNDCC), Bali, Monday (8/10/2018).
The plan, President Joko Widodo will attend this meeting as well as open it on 11-12 October 2018. In those two days, it is also scheduled to be the highlight of the meeting where there will be many bilateral meetings involving state officials in the world.
In fact, Managing Direcotor IMF Christine Lagarde has been present in Indonesia and has undergone an agenda from yesterday. Such as coral reef planting in Nusa Dua along with Coordinating Minister for Lehut Binsar Panjaitan, Minister of Finance RI and Governor of Bank Indonesia Perry Warjiyo.
'Mr Luhut was already inspected and satisfied with the preparation, and we have met Madame Lagarde and IMF directors, who have never seen this kind of preparation and even the largest annual meetings during the day,' Peter said.
In this annual meeting, there are at least some issues to be raised. The first to be discussed is the strengthening of the International Monetary System (IMS). The second issue is the digital economy. The development of digital economy is influenced by various risks.
Furthermore, the third issue, the discussion on how to solve the infrastructure needs of developing countries in promoting economic growth. And the fourth issue of syariah economy and finance.
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